When was Vivaan Solar founded?

Vivaan Solar was founded in 2012.

Where is Vivaan Solar located?

Vivaan Solar is headquartered in Gwalior, India. It is registered at NEHRU COLONY THATHIPUR, GWALIOR, Madhya Pradesh, India, 474011.

Which legal entities is Vivaan Solar associated with?

Vivaan Solar is associated with VIVAAN SOLAR PRIVATE LIMITED and 4 others.

How many employees does Vivaan Solar have?

As of Mar 31, 2021, Vivaan Solar has 67 employees, reflecting a 46% year-over-year growth in headcount.

Is Vivaan Solar a funded company?

Vivaan Solar is a funded company, having raised a total of $***** in its 1st and only funding round.

What is the annual revenue of Vivaan Solar?

Annual revenue of Vivaan Solar is undefined as on Mar 31, 2025.

Where does Vivaan Solar rank among its competitors?

Vivaan Solar ranks 95th amongst 929 active competitors, of which 32 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Ampin Energy Transition, which secured $50M in Dec, 2025.

Who are the top competitors of Vivaan Solar?

Vivaan Solar's top competitors include Lightsource BP, Rays Power Infra and InSolare Energy. Among them, Ampin Energy Transition secured the most recent funding round in December, 2025.

Vivaan Solar - 2026 Company Profile, Team, Competitors & Financials

Vivaan Solar is an unfunded company based in Gwalior (India), founded in 2012 by Amit Bansal, Mudit Garg, Ashish Agrawal and Aashish Gupta. It operates as a Solar EPC contractor. Vivaan Solar has not raised any funding yet. The company has 929 active competitors, including 32 funded and 43 that have exited. Its top competitors include companies like Lightsource BP, Rays Power Infra and InSolare Energy.

Company Details

Vivaan Solar, part of the Banco Group. provides a one stop solution wherein an investor can own a solar power plant at Vivaan's solar park and the rest of the activities with respect to plant installation, commissioning and O&M will be taken care of by Vivaan. The energy produced sold via PPAs and sale of RECs to liable discoms are major sources of revenue for the investors. The company also provides industrial roof top solar solutions and has installed a 15MW solar roof top project in Mathura, UP. Provides commercial efficient lighting (street lighting and solar lanterns) and solar water pumping solutions.The Banco Group is involved in civil construction over more than 4 decades and has completed multiple infrastructure developmental projects for private, governmental clients. Clients include AEG, Canadian Solar, ABB, Electrotherm, First Solar and others.

Website: vivaansolar.com
Social
Email ID: *****@vivaansolar.com
Phone Number: +91 **********
Registered Address: NEHRU COLONY THATHIPUR, GWALIOR, Madhya Pradesh, India, 474011

Key Metrics

Founded Year

2012

Location

Gwalior, India

Stage

Unfunded

Ranked

95^th among 929 active competitors

Annual Revenue

undefined as on Mar 31, 2025

Employee Count

67 as on Mar 31, 2021

Investment & Acquisitions

GrEL & 4 more

Similar Companies

Enel X & 3194 more

View Vivaan Solar's full profile

Vivaan Solar is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
Vivaan Solar Northern Project Llp CIN: AAN-3146 , India, Active	Sep 19, 2018	-	-
VIVAAN SOLAR RAIL ROOFTOP PROJECT PRIVATE LIMITED CIN: U40106MP2016PTC040669 , India, Active	May 02, 2016	$0 (As on Mar 31, 2025)	-
VIVAAN SOLAR DM PROJECT PRIVATE LIMITED CIN: U40108MP2014PTC033517 , India, Active	Dec 03, 2014	$37.6K (As on Mar 31, 2025)	-
VIVAAN SOLAR PRIVATE LIMITED CIN: U70100MP2010PTC023870 , India, Active	Jul 02, 2010	$1.66M (As on Mar 31, 2025)	24 (As on Nov 30, 2024)
VIVIANA SOLAR LLP CIN: AAN-4823 , India, Active		-	-

Vivaan Solar has not raised any funding rounds yet.

The founders of Vivaan Solar are Amit Bansal, Mudit Garg, Ashish Agrawal and Aashish Gupta.

Here are the details of Vivaan Solar's key team members:

Amit Bansal: Co-Founder of Vivaan Solar. They serve on the board of 1 company.
Contact Info: 1 email address
Mudit Garg: Co-Founder & Managing Director of Vivaan Solar. They serve on the board of 1 company.
Contact Info: 1 email address
Ashish Agrawal: Co-Founder of Vivaan Solar. They serve on the board of 1 company.
Contact Info: 1 email address
Aashish Gupta: Co-Founder of Vivaan Solar.
Contact Info: 1 email address

Vivaan Solar's Board of Directors

Vivaan Solar's board has 4 active members. Amit Bansal, Mudit Garg and Ashish Agrawal are part of team and Anshuman Mundhra is independent board member.

Here is the list of Vivaan Solar's board of directors:

Name	Type	Representing	Status	Duration
Amit Bansal	Team	-	Current	15y 9m
Mudit Garg	Team	-	Current	12y 3m
Ashish Agrawal	Team	-	Current	9y 0m
Anshuman Mundhra	Independent board member	-	Current	12y 8m

View details of Vivaan Solar's Founder profiles and Board Members

Vivaan Solar's employee count trend

Vivaan Solar has 67 employees as of Mar 21. The total employee count is 46.0% more than what it was in Mar 20. Here is Vivaan Solar's employee count trend over the years:

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Top competitors of Vivaan Solar include Lightsource BP, Rays Power Infra and InSolare Energy. Here is the list of Top 10 competitors of Vivaan Solar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lightsource BP 2010, Holborn (United Kingdom), Acquired	Developer of solar energy projects	$418M	BP Ventures, AMP Capital & 19 others	81/100
2nd	Rays Power Infra 2011, Jaipur (India), Series C	Provider of solar engineering, procurement, and construction services for power projects	$57M	Axis Dealtrade, Dutch Commotrade & 50 others	75/100
3rd	InSolare Energy 2008, Bengaluru (India), Series B	Provider of renewable energy solutions, including solar, wind, and hydrogen	$19.5M	CIIE, Negen Capital PMS & 75 others	70/100
4th	SolarSquare 2015, Mumbai (India), Series B	Solar solutions provider that designs, supplies, and installs residential and commercial solar power systems	$61.1M	Good Capital, Elevation Capital & 47 others	67/100
5th	Swelect Energy Systems 1984, Chennai (India), Public	EPC services for installation of solar farms	-	-	67/100
6th	Tata Power 1919, Mumbai (India), Public	Provider of electricity generation, transmission, and distribution services	-	BlackRock	65/100
7th	SAEL 1989, Delhi (India), Late Stage	Provider of renewable energy project development services	$61.4M	Norfund, Sindh Renewable Power	65/100
8th	Ampin Energy Transition 2016, Delhi (India), Series D	Provider of renewable energy solutions	$448M	Lightrock India, Sumitomo Mitsui Banking Corporation ... & 13 others	65/100
9th	Ayana 2017, Bengaluru (India), Acquired	Developer of solar energy projects	$720M	British International Investment, NIIF & 2 others	63/100
10th	Freyr Energy 2014, Hyderabad (India), Series B	Developer of solar energy projects	$13.8M	Schneider Electric, DOEN Foundation & 5 others	63/100
95th	Vivaan Solar 2012, Gwalior (India), Unfunded	Solar EPC contractor	-	-	37/100